Fire Sale Over in Europe Oil Stocks Trading at Peak to Peers

Updated on
  • Stoxx 600 energy companies rallied as much as 22% from low
  • Deutsche Asset now focusing on consumer, financial shares

Oil Market Driver: Supply, Demand, or Production Cost?

European energy companies have staged one of the biggest recoveries among industries this year. Deutsche Asset Management’s Juan Barriobero, who bought the shares when they bottomed out, has stopped because they’ve become too expensive.

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